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George at Asda CCO Liz Evans steps down

George at Asda CCO Liz Evans steps down

Supermarket sales rise 4.6% as heatwave offset by wet weather

Supermarket sales rise 4.6% as heatwave offset by wet weather

N Brown names new financial services chiefs

N Brown names new financial services chiefs

Topic Hub

Economy

Economy explores the wider economic forces influencing the UK retail industry. This section covers inflation, consumer spending, interest rates, labour market conditions, and policy developments affecting retail performance and profitability. Retail Sector’s Economy coverage provides expert analysis, data-driven insight, and commentary to help retail leaders, financial planners, and operational managers understand how macroeconomic trends are shaping demand, costs, and investment decisions across the sector.

Economy

Economy explores the wider economic forces influencing the UK retail industry. This section covers inflation, consumer spending, interest rates, labour market conditions, and policy developments affecting retail performance and profitability. Retail Sector’s Economy coverage provides expert analysis, data-driven insight, and commentary to help retail leaders, financial planners, and operational managers understand how macroeconomic trends are shaping demand, costs, and investment decisions across the sector.

BRC report highlights chargeback ‘struggles’ for retailers

The British Retail Consortium (BRC) has published a report which highlights the ongoing…

GDP shrinks 1.6% in Q1

The UK’s quarterly gross domestic product (GDP) fell an estimated 1.6% in Q1 2021, a larger…

Long-term WFH may damage ‘perfectly good’ retailers, says BIRA CEO

A permanent working from home post-lockdown model could damage “perfectly good” businesses,…

Return to restaurants sees retail sales fall by 1.4%

UK retail sales fell by 1.4% between April and May, following a sharp increase in April when…

UK inflation hits 2.1% as clothing prices rise

Inflation in the UK rose to 2.1% in May, up from 1.5% in April, according to the latest…

Retail sector boosted by ‘buoyant’ sales

The UK’s retail sector in May has been boosted by “buoyant” sales, according to the British…

BRC warns of future price rises despite 0.6% fall in May

Shop prices fell 0.6% year-on-year in May, the slowest rate of decline since February 2020…

Family spending power reaches 11-year high

The average family disposable income in the UK has reached an 11-year high, according to…

Consumer confidence jumps six points in May

Consumer confidence in the UK has increased by six points to -9 in May 2021, according to…

UK inflation rate doubles for April

The UK’s annual inflation rate has more than doubled in April 2021, according to recent…